Tag: Financial services

Bank of America Q2 profits drop as higher interest rates slow down lending

A Bank of America ATM is seen, Wednesday, Feb. 3, 2021, in Winchester, Mass. Bank of America said Tuesday, July 16, 2024, its...

Goldman Sachs profits more than double in second quarter as dealmaking comes back on Wall Street

Goldman Sachs posted a massive 150% jump in its second quarter profits, helped by a general resurgence of dealmaking and underwriting that has...

Macy's, Burberry fall; Trump Media, Tesla rise, Monday, 7/15/2024

Stocks that traded heavily or had substantial price changes on Monday:Trump Media & Technology Group Corp. (DJT), up $10.67 to $41.56.A federal judge...

AT&T, Wells Fargo fall; Fastenal, Bank of New York Mellon rise, Friday, 7/12/2024

NEW YORK -- Stocks that traded heavily or had substantial price changes on Friday:AT&T Inc. (T), down 5 cents to $18.81.Text and phone...

Increasingly popular 'parametric insurance' helps farmers and others hit hard by extreme weather

MINDANAO, Philippines -- Joemar Flores, a spindly 28-year-old, gestured across his family’s farmland, nestled between a steep hill and a river, and expressed...

JPMorgan Q2 profit rose 25% as bank cashed in holdings in Visa

JPMorgan Chase says profits jumped sharply in the second quarter as the bank cashed in billions of dollars of its holdings in Visa...